Apollo Global Management (APO) Misses Q1 EPS by 7c

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Apollo Global Management, LLC Reports First Quarter 2015 Results

May 7, 2015 7:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, Apollo) today reported results for the first quarter ended March 31, 2015.

In the first quarter we continued to leverage Apollos integrated global platform to raise and deploy capital across all of our businesses, said Leon Black, Chairman and Chief Executive Officer. We generated capital inflows of $5 billion in the quarter, bringing total inflows to more than $20 billion in the past year. In addition, the funds we manage deployed more than $2 billion during the first quarter, which we believe will... More